Duration qualified by “about” & “without guarantee”
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Explanatory notes
Redelivering a ship at the end of a time charter party can sometimes result in a dispute between the owners and the charterers. The charterers may attempt to redeliver the ship before the end of the minimum charter period, or deliver it late. Charter parties are sometimes unclear about how and when ... Please follow the link to continue reading.
Hire of tug hawsers
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Off-hire - some comments on the NYPE form
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BIMCO Bulletin No.4 - 2010: Will my vessel remain on hire if attacked by pirates?
Background
SHIPMAN is one of the most widely used ship management agreements in the shipping industry. The agreement was first published in 1988 and updated in 1998 and 2009 to reflect changes in ship management practices, regulatory developments, etc. Despite the continuing wide use of SHIPMAN 2009, changes... Please follow the link to continue reading.
Bunker provisions
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Cleaning of holds
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Is there an impact on the performance warranties?
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Explanatory notes
Guidance Notes The following guidance notes are intended to provide some background to the thinking behind the BIMCO LNG Fuel Quality Clause for Time Charter Parties. These notes explain the scope of each provision and clarify how the clause is intended to operate and the way it allocates risk betwe... Please follow the link to continue reading.
